PennyWise: Personal Finance & Travel Tips

Grocery Spending Showdown: Where Your State Ranks in Food Costs and How to Save


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In this informative episode of PennyWise, host Nat Cardona sits down with WalletHub's financial writer, Adam McCann, to discuss the rising costs of groceries and how different states are faring in terms of food expenses. With grocery prices increasing over 25% since 2019, Adam shares insights from WalletHub's latest study that reveals which states spend the most and least on groceries. Listeners will learn that while Mississippi tops the list for grocery spending, New Jersey enjoys the lowest percentage of income spent on food.
The conversation dives into practical budgeting strategies, emphasizing the importance of tracking grocery expenses and creating a shopping list to avoid impulse purchases. Adam also highlights the benefits of using credit cards that offer rewards on grocery purchases.

For more details on grocery spending by state, check out WalletHub's report here.

Show notes created with assistance from https://headliner.app

 

 

 

 

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